10 Best Software Companies 2018

Turbonomic: Workload Automation for Hybrid Cloud

CIO Bulletin

December 2018

Data is a part and parcel of today’s world. As we make rapid progress with technologies the workloads are increasing too. The workloads running on-premises or on the cloud are getting more complex with time. This is in turn, increasing the challenges associated to each workload. For example, whether the workload in question can assure quality performance or whether the costs associated can somehow be lowered while ensuring compliance.

Hence, now more than ever there is a need for a hybrid cloud management platform which can make the right decisions in real time. Turbonomic is one such platform that does exactly this for any workload on any infrastructure, anywhere, and at any time. Founded in 2009 by Shmuel Kliger, the company is one of the fastest growing tech companies that specialize in virtualization and cloud management space. The company is trusted by thousands of enterprise organizations to improve and maximize the value of their IT investments.

A Trusted Solution

The Turbonomic platform has been recognized for its reliability and is trusted by financial institutions, social and e-commerce sites, carriers and service providers and the leading banks of the world. This is the kind of trust that it has garnered over time by providing consistent and reliable service as and when required.

Customers such as Akamai, Thomson Reuters, AT&T, and Xerox depend on Turbonomic to ensure that their applications always have the resources to operate reliably by using their most valuable infrastructure and human resources most effectively.

The Sky Bet story

Turbonomic’s workload automation prowess has been trusted by over 2,000 customers. One among these satisfied customers is Sky Bet.

For a UK-based company like Sky Bet, the weekends are always big. With the English Premier League on TV along with other major sporting events from across the world, the betting portal sees a huge footfall during the weekends. The website sees millions of pounds worth of transaction on these weekends. Slightest of glitches can cause great losses for a company that is dependent on sporting events. As the betting takes place in real-time, it is pivotal for Sky Bet to work seamlessly for its customers in real-time too.

The cost of downtime for Sky Bet is easily 5-figures per minute. And moreover, any lag will only turn their customers off and make them take to other portals. Hence, performance is the key for them. Sky Bet heavily relied on their manual staff to keep the operations running which used to take a lot of time each week earlier. Mapping the right applications to the right hardware would take a lot of work especially.

To automatically manage their demands Sky Bet tried Turbonomic and was pleasantly surprised by what Turonomic’s platform could do. One of Sky Bet’s data centers saw great benefits as soon as it started using the Turbonomic platform. Soon, Sky Bet started deploying Turbonomic on their main production data centers to manage workloads.

Turbonomic automated a lot of tasks for Sky Bet which has now freed up a lot of employee-time which can be used creatively and productively at work instead of performing the routine and repetitive tasks.

A lot of companies have shown faith in Turbonomic since its inception. Moreover, their technology and strategy in the cloud management market has been nothing short of revolutionary. This has brought in funding consistently for the company. In 2017, Turbonomic raked in a whopping $50 million in its Series E funding round which was led by General Atlantic. Turbonomic continues to scale and grow.

The Chief!

Ben Nye, CEO of Turbonomic

Mr. Ben Nye is a veteran business leader with over 20 years of experience in the space. Before helming the position of CEO for Turbonomic, he was the Senior Vice President at VERITAS Software after it acquired Precise Software.

At Precise Software, Mr. Nye served as the COO and CFO. His role at Precise Software was pivotal for the company as during his tenure the company went from being a $10 million privately-held company to a $100 million public company. Precise Software went on to become the fastest growing public company in its space.

He has been named in Forbes’ annual “Midas List” thrice. He serves on the boards of several companies including Solarwinds, SevOne, AppNeta, and Rapid7. Also, he is the co-managing partner at Bain Capital Ventures. Mr. Nye has also served as the political appointee member of the Senior Executive Service. He graduated with honors from Harvard College and Harvard Business School.

Recognition

Turbonomic won the CRN 2018 Tech Innovator Awards for IT Automation Software Category

The company was named in Deloitte 2018 500 fastest- growing tech companies in North America for the second time

Turbonomic was named in 2018 Forbes Cloud 100 list

Turbonomic made the list of Inc.’s Best Workplaces

Forrester named Turbonomic as the leader in its new report, The Forrester WaveTM: Cloud Cost Monitoring and Optimization, Q2 2018

“Whether you’re in the cloud, many clouds, on-prem, or a combination, Turbonomic provides specific placement, sizing, and provisioning decisions that can be fully automated for 24/7 continuous health.”

“Turbonomic applies the economic principles of supply and demand to manage IT resources. It controls any type of workload on any cloud or infrastructure. So you don’t have to.”